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Why Amazon, Alphabet, and Microsoft All Rallied Thursday Morning

Why Amazon, Alphabet, and Microsoft All Rallied Thursday Morning

The stock market's unrelenting volatility is continuing this week. Wall Street has been unable to establish a consistent direction as investors weigh the impact of recent high-profile bank failures against the Federal Reserve's ongoing battle with inflation and the still-resilient U.S. job market. Despite the uncertainty, a broad cross-section of stocks rallied Thursday morning as investors digested the latest unemployment figures.